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Training + Support Systems  Learning Courses Module 2
Module 2 Business and Sophisticated Client Advice Framework However, Business and Sophisticated Clients typically employ multiple legal structures and operate in a variety of capacities. The appropriateness of any advice given to such clients by an adviser depends on a number of factors including capacity and the relevant legal structure in the context of the particular circumstances and the terms of engagement. This programme provides a generic advice framework as a comprehensive foundation for the specific Strategies devised for the particular needs and objectives of the Business and Sophisticated Client covered in later programmes. Outline of the Programme This full day programme will enable a participant to: 1. Evaluate the particular circumstances of the Business of Sophisticated Client 2. Identity the needs and objectives of the Business of Sophisticated Client 3. Identify research requirements and parameters to make reasonable enquiries and conduct reasonable investigations regarding the particular circumstances of the Business and Sophisticated Client 4. Form a reasonable basis for providing a tailored strategy and the related Statement of Advice (SOA) to the Business and Sophisticated Client 5. Summarise and Present appropriate advice to the Business and Sophisticated Client Programme Content
Who should attend? - Financial Product Issuers - Australian Financial Service Licensees - Stockbrokers - Accountants - Financial Advisers Features - Peer group learning - BOFIN - Licensed materials - including Discovery, Analysis and Report Writing Tools - Learning activities, case studies and application based learning delivery - Facilitated delivery - through expert practitioners - Use of online subject rooms and discussion forums - References to additional publications, bulletins, websites and relevant legislation - Ongoing BOFIN support Benefits respect to Business Succession Planning and Sophisticated Clients Competencies Upon completion of this course, participants will gain the following competencies from the Financial Services Training Package (FNS04):
Additional information To provide advice using the advice framework, advisers must also complete an approved Tier 1 course in Financial Planning to meet RG 146 requirements. Assessment Should a certified pathway to an Advanced Diploma in Financial Services be required participants will be evaluated through two major assessments set out below. Each assessment is worth 50% of the total course mark. Examination If a certified pathway is required, an open-book examination, covering all course content contributes 50% to the total course mark. Designed to assess knowledge as well as analysis and process skills, this exam consists of a series of multiple choice and short answer questions in relation to actual case studies sourced from practitioner past experience and modified in line with privacy principles. Assignment If a certified pathway is required, one or more hypothetical case studies about which you will be asked to address questions related to a Business Client, their family and their business particular circumstances contribute 50% to the total course mark. Delivery Facilitated Learning through Peer Group Learning with comprehensive, self paced learning materials including examples case studies, template checklists to achieve the required assessment tasks. Assumed Knowledge Participants should have a sound understanding of superannuation and have already achieved ASIC RG146 compliance to provide advice in superannuation. It is desirable that participants are also RG146 compliant in life insurance, Financial Planning and managed investments and have the relevant work experience to relate to Business Clients. CPD Points This course may contribute to your continuing professional development obligations under RG146. ili assigns ten (10) CPD points to the course and provides a CPD statement to advisers who achieve competency in the assessment tasks. Fees Price on Application How to enrol You can enrol at any time up to four weeks prior to the commencement of the programme. Assessment dates are offered [TBA]. Enrolment forms and assessment dates are available on www.ili.com.au or you can enrol online at www.ili.com.au. |